Business
Vista Gold Corp. Announces Filing Of Notice And Confirmation Of Full Allocation Of Midas Gold Corp.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION ON U.S. NEWS WIRE SERVICES ...
About this update from Vista Gold Corp
[{"type":"text","content":"\n\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION ON U.S. NEWS WIRE SERVICES\n\n\nDENVER, Feb. 7, 2014 /CNW/ - Vista Gold Corp. (TSX & NYSE MKT: VGZ) (\"Vista\" or the \"Company\") today announced that, further to its February 5, 2014 press release, it has filed with Canadian securities regulatory authorities a notice of intention to distribute 16,000,000 common shares (the \"Offered Midas Shares\") of Midas Gold Corp. (\"Midas\") under section 2.8 of National Instrument 45-102 Resale of Securities. The sales of the Offered Midas Shares will not be completed until the satisfaction of a number of customary closing conditions. Closing of the Offered Midas Shares is expected to occur on or about February 14, 2014, being the first day the Offered Midas Shares may be sold.\nThe Company is pleased to announce that it has been advised by Haywood Securities Inc. and Dundee Securities Ltd. (the \"Agents\") that the Offered Midas Shares have been fully allocated.\nAssuming the closing of the sales of the Offered Midas Shares, Vista has agreed they will not sell any of their remaining shares of Midas for a period of 12 months following closing.\nThe securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States.\nAbout Vista Gold Corp.Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and a 24.9% holding in Midas. In addition to non-core projects in Mexico and California, Vista holds royalty interests in projects in Bolivia and Indonesia. \n\nForward Looking Statements This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or develo...